CA > Long Beach
Long Beach, CA 90806,2225 Pacific AVE
Long Beach, CA 90806,2225 Pacific AVE
Long Beach, CA 90806,2225 Pacific AVE
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$1,099,000
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4,920 SqFt
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2225 Pacific AVE Long Beach, CA 90806

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Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

+1(424) 242-8856

UPDATED:

10/02/2024 05:06 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 4,920 sqft

Price per Sqft $223

MLS Listing ID AR24040590

HOA Y/N No

Year Built 1952

Lot Size 6,603 Sqft

Property Description

Welcome to your next investment opportunity! 2225-2231 Pacific is a prime retail, office building in the Wrigley Village retail corridor offering 112 feet of frontage on walkable Pacific Avenue. Boasting a large rentable space of 4,920 square feet, your options are endless with a variety of allowed uses. The property has been in the same ownership for over 20 years. The space is currently built out with 3 suites and 6 parking spaces in a gated entry at the rear. This building is perfect for an Investor or an Owner User, a 1031 Exchange, or a SBA loan with 10% Down. Tons of upside potential here with steady changes in the area. You can benefit from tremendous value-add as all tenants are on month to month tenancy paying below market rents. The property originally had 4 suites but two suites have been converted into one larger suite (but can easily be converted back). Neighboring areas are Signal Hill, Wrigley Heights, and Downtown Long Beach. The property is also located in the MJ Hemp zone which allow tons of business opportunity and situated conveniently near the 405 and 710 freeways. Please check with the City of Long Beach for all zoning and usage.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Present Use Commercial

Building

Lot Description 2-5 Units/Acre

Story 1

Water Public

Others

Tax ID 7205021023

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Ray Kim • Real Brokerage Technologies, Inc • 858-888-1819

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Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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2225 Pacific AVE

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